506 HICKORY RUN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $542,498 and $793,088, with a best estimate of $693,156. That places the property below the L305606D - Red Oaks N. of Little Elm median of $709,809, in a neighborhood that appreciated 0.8% over the past year.
Estimated Value Range
$693,156
$671,988
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L305606D - Red Oaks N. of Little Elm, this home's estimated market value is between $542,498 and $793,088. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$74,073 for 215 sqft more living space and -$3,223 for being older. Net adjustment: +$70,850.
Adjusted -$39,276 for 114 sqft less living space. Net adjustment: -$39,276.
Adjusted -$13,092 for 38 sqft less living space. Net adjustment: -$13,092.
Adjusted -$63,048 for 183 sqft less living space and -$3,223 for being older. Net adjustment: -$66,271.
Adjusted +$16,193 for 47 sqft more living space and -$3,223 for being older. Net adjustment: +$12,970.
The Neighborhood
This home is valued 5.3% below the L305606D - Red Oaks N. of Little Elm median of $709,809. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 0.8% over the past year.
L305606D - Red Oaks N. of Little Elm
typicalThis home is -5.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,313 across all districts. With a homestead exemption claimed, that drops to $11,643 — saving $1,670 per year. That's $970 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $7,304 |
| Williamson County | County | 0.3694% | $2,483 |
| Cedar Park | City | 0.3600% | $2,419 |
| Austin Community College | special | 0.1034% | $695 |
| Williamson County FM/Rd | County | 0.0443% | $298 |
| Upper Brushy Creek WCID | Water | 0.0170% | $114 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,313 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $693,156 would pay approximately $4,327 per month (principal and interest only, excluding taxes and insurance).